On December 18, 2023, Endeavour Silver Corp., a Vancouver-based mining company, launched an at-the-market (ATM) offering to raise up to $60 million USD ($80.27 million CAD) through the sale of common shares. This offering was facilitated under a sales agreement with BMO Capital Markets Corp. as the lead agent, supported by TD Securities (USA) LLC, CIBC World Markets Inc., Raymond James (USA) Ltd., B. Riley Securities, Inc., H.C. Wainwright & Co., LLC, A.G.P./Alliance Global Partners, and Stifel Nicolaus Canada Inc. The agents sold shares at prevailing market prices on the New York Stock Exchange, excluding sales in Canada. Endeavour intended to use the proceeds for advancing projects, including the Terronera Project, and exploring additional acquisition opportunities.

The agents received a 2% commission on gross proceeds, and Endeavour retained the option to terminate the offering at any time. Koffman Kalef LLP and Dorsey & Whitney LLP acted as Canadian and U.S. legal advisors for Endeavour, while Skadden, Arps, Slate, Meagher & Flom LLP advised the agents on U.S. legal matters.